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Monday, November 21, 2011

Euronet Worldwide has the Highest Short Interest Ratio in the Data Processing & Outsourced Services Industry


Below are the three companies in the Data Processing & Outsourced Services industry with the highest short interest ratio. A higher short interest ratio may indicate the potential for a sizeable short squeeze.

Euronet Worldwide, Wright Express, and TNS are the three companies in the Data Processing & Outsourced Services industry with the highest short interest ratio.

Euronet Worldwide has a short interest ratio of 9.80 based on average daily volume of 329,000 shares and 3.2 million shares short. That equates to 6.4% of the 50.3 million shares outstanding. Euronet Worldwide, Inc. provides electronic financial transaction solutions. The Company offers financial payment middleware, financial network gateways, outsourcing, and consulting services to financial institutions and mobile operators. Euronet has processing centers located in the United States, Europe, and Asia.

Following Euronet Worldwide is Wright Express with a short interest ratio of 7.80 based on average daily volume of 263,000 shares.

Finishing up the top three is TNS with a short interest ratio of 6.78 based on average daily volume of 142,000 shares.

Source: fnno


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